Grand Theft Auto Publisher Take Two Interactive Again Reported Stronger Earnings

Video game publisher Take-Two Interactive Software reported better than expected earnings Tuesday. NBA 2K21 and NBA 2K20, Grand Theft Auto Online and Grand Theft Auto V, Red Dead Redemption 2 and Red Dead Online, Social Point’s mobile games, Sid Meier’s Civilization VI, Borderlands 3, and NBA Online boosted $TTWO.

Gamestop Report Earnings With Chewy Founder Cohen Betting on E Commerce Evolution

Video game retailer GameStop reported mixed third quarter earnings after the close Tuesday  $GME stock has been a hot stock in 2020 with investors like Scion’s Michael Burry and Chewy’s Ryan Cohen and is one of the most heavily shorted stocks on the market with approximately 90% of the shares in lending programs. $GME fell 20% on the report.

Activision Blizzard Revises Earnings Higher on Soaring Gaming Engagement and Revenue Due to Lockdown

Video game publisher Activision Blizzard reported better than expected second quarter earnings and guided its full year 2020 guidance. $ATVI saw growth from World of Warcraft Classic and core games include Overwatch, Call of Duty, and Candy Crush mobile games.

TakeTwo Interactive Raises Guidance on Grand Theft Auto, NBA 2K20 and Red Dead Redemption 2 Games

Video game publisher Take-Two Interactive Software raised guidance despite lower than expected earnings Monday. NBA® 2K20, Grand Theft Auto® Online, Grand Theft Auto V, Red Dead Redemption 2 , Red Dead Online, Sid Meier’s Civilization® VI and Social Point’s mobile games helped $TTWO raise guidance.

Electronic Arts Earnings Soar with Stay at Home Gamers During Covid Lockdown

Video game publisher Electronic Arts reported better than expected June quarter earnings after the market Thursday. The Covid lockdown saw gamers exceed all forecasts of interactions and purchasers. $EA guided higher for next quarter.

TakeTwo Earnings Boosted By Increase in Lockdown Gamers, Grand Theft Auto and NBA 2K20

Video game publisher Take-Two Interactive Software reported better than expected earnings Tuesday. $TTWO names NBA® 2K20 and NBA 2K19, Grand Theft Auto® Online and Grand Theft Auto V, Red Dead Redemption 2 and Red Dead Online, Borderlands 3, Sid Meier’s Civilization® VI, Social Point’s mobile games, and WWE® SuperCard and WWE 2K20 helped raise guidance..

Electronic Arts Earnings Beat But Lowers Gaming Revenue Guidance

Video game maker Electronic Arts reported better than expected December quarter earnings after the market Thursday. However $EA traded lower after warning on next quarters revenue. FIFA Ultimate Team matches were up nearly 40% y/y as it competed with Fortnite.

Call of Duty and World of Warcraft Classic Boost Activision Blizzard Earnings

Video game publisher Activision Blizzard  reported better than expected third quarter earnings and guided higher. $ATVI saw growth from its World of Warcraft Classic launch. Core games include Overwatch, Call of Duty, and Candy Crush mobile games.

Gaming Heavyweight Take-Two Crushes Earnings But Says Holiday Looks Thin

Video game publisher Take-Two Interactive Software reported better than expected fiscal second quarter earnings. $TTWO names Red Dead Redemption 2, Grand Theft Auto Online and NBA 2K19  helped raise guidance but worries about the holiday season.

Epic Games Fortnite Sued For Being Addictive As Cocaine

Fortnight is a phenomenom, a game seemingly out of nowhere to having over 250 million users in just over two years. With that comes love, hate and of course legal opportunism in a time of no responsibility. A Canadian law firm is suing Epic Games for creating Fortnite that is “as addictive, and potentially harmful, as cocaine”